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ECONOMIST DEBATE
Background This assignment gets you to extract, succinctly communicate, and evaluate essential arguments put forth on both sides of an important issue in econ development.
Requirements Read the moderator's opening remarks and both opening statements for the
Economist Debate on: "Too many people? This house believes that the world would be better off with fewer people." This is available at: https://www.economist.com/debate/days/view/368 In no more than 600 words, (i) identify and concisely describe the key argum made for and against the proposition that "the world would be better off fewer people", and (ii) using economic arguments (as opposed philosophical/ethical arguments), state and justify your opinion on the issue.
Illustrate the way in which market forces shape the organizational responses using a range of examples.
Stagflation is caused by
A refrigerator sold for $500. The store financed the refrigerator by charging 0.5% monthly interest on the unpaid balance. If the refrigerator is paid for with 30 equal end-of-month payments: What will be the size of the monthly payments?
Eddies precision shop is insured for $700,000. The present yearly insurance premium is $1.00 per $100 of coverage. A sprinkler system with an estimated life of 20 years and no salvage value can be installed for $20,000. Eddie uses a MARR of 15 perce..
As the manager of smith construction you need to decide on the number of homes to build in a new residential area where you are the only builder. How many homes should you build and what profits can you expect.
A 10% increase in the price of pizza causes a 10% drop in the quantity of both pizza and beer sold. Describe elasticities and the nature of the two products
Identify and discuss at least two economic phenomena for which the linear-in-parameters/linear-in-variables regression model may not be appropriate. Select an economic phenomenon and determine which of the models discussed in this chapter would be mo..
1.this question is about the theory of money demand.aconsider two financial assets a and b which could be quite
Monopoly is inefficient as it charges prices higher than marginal costs. Is it feasible for the government to regulate a natural monopoly by setting prices equal to marginal costs? Roche plans to sell Tamiflu at higher prices in Europe and North Amer..
Suppose that the U.S. government decides to levy a tax (such as an excise tax) on cola consumers. Before the tax, 20,000 cases of cola were sold every week at a price of $8 per case. after the teax,
In principle, the antitrust laws are designed to promote competition and improve market efficiency. Given the work by Williamson (1968) and Demsetz (1973), explain why these laws may promote static efficient but fail to promote dynamic efficiency.
You are given an offer to split a $20 bill. The other player offers you $1. If you accept the offer, you keep the $1 and the other player keeps $19. If you reject the offer, neither of you will get anything. Do you take the offer? How could you take ..
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